Fluidra expects to grow sales above 6% and increase dividend by 15% in the coming years
BARCELONA, Spain, April 16, 2021 /PRNewswire/ -- Fluidra, the global leader in pool and wellness equipment, has confirmed the strong positive prospects for the company in the medium-term. It is expecting to accelerate annual sales growth to above
During its Capital Markets Day Fluidra has reaffirmed its strong cash generation medium term guidance with cash EPS, a key proxy that excludes non-cash items and non-recurring expenses, over
A strong 2021
A strong start to 2021 helped by the global stay-at-home and flight-to-the-suburbs trends, confirms the strong fundamentals of the business and the resilience of the industry.
After CMP's acquisition, Fluidra raised its 2021 guidance, with Sales growth expectations of 12
ESG at the heart of Fluidra's activity
Fluidra has presented its new comprehensive Environmental, Social and Governance (ESG) "Responsibility Blueprint" plan for the period spanning 2020-2026. One element that stands out in it is the introduction of ESG performance based variable remuneration for Fluidra's managers.
On the environmental front, Fluidra has made the stellar commitment to becoming carbon neutral in 2027 in terms of Scope 1, 2 and by 2050 for Scope 3. Additionally, the firm expects to have more than
In the Social category, Fluidra will focus on the well-being of its employees, with a strong commitment to aiming for "zero net wage gap" between men and women by 2024.
The Governance category is also an essential part of the company's roadmap. Fluidra achieved an ESG rating of 69 out of 100 based on S&P's analysis and the company is committed to reaching a score of 80 by 2030.
"We are a global industry leader with a unique footprint and value proposition in a structurally attractive industry. We have achieved all our 2022 goals ahead of plan and we will continue growing faster than our sector. Most importantly, ESG has been at the heart of Fluidra's activity, and our Responsibility Blueprint commitments will reinforce our long-term positive impact" Eloi Planes, Fluidra's Executive Chairman stated.
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SOURCE Fluidra